Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Income-tax and Corporate Tax Planning Deduction and Collection of tax at source
Which two of the following are correct in terms of rate of tax deduction at source (TDS)?
a) Income by way of winning from horse race: @ 30%
b) Insurance Commission: @ 10%
c) Rent of Plant & Machinery @ 5%
d) Rent of furniture: @ 5%
Choose the correct option from the following:
1
a) and b)
2
a) and c)
3
a) and d)
4
b) and c)